Industry
Retirement | 22 Jun 15
Industry figures assess ABI plan to cull pension advice safeguards
Senior industry figures have agreed that the regulatory and legal requirements around the new pension freedoms pose a problem for policyholders, but are split on the ABI urging the UK Government to scrap paid advice for those with guaranteed annuity rates.
Retirement | 22 Jun 15
HMRC confirms rules around QROPS list suspension
HM Revenue & Customs has confirmed that transfers made after 6 April 2015 into QROPS that are no longer featured on its overseas pensions list when it returns from suspension will not be tax-free.
UK service aims to match HNWIs and advisers in Singapore
A UK-based online service, which aims to help high net worth individuals find wealth management firms, has been launched in Singapore.
Retirement | 22 Jun 15
ABI urges UK Gov’t to scrap pension advice safeguards
The Association of British Insurers (ABI) has urged the UK government to drop the need for pension holders with guaranteed annuity rates to pay for advice.
IDAD aims to grow African business with new hire
Investment Design & Distribution (IDAD), the UK-based structured products specialist, said it is looking to grow its business in Africa with the appointment of Graeme McCallion.